2019-03-28 16:00Client Base and Market Position - The total number of corporate clients served by the bank reached 7.033 million, while individual clients reached 607 million[2]. - The bank has maintained its position as the top bank in the Global 1000 by The Banker for six consecutive years and ranked first in the Forbes Global 2000 and Fortune 500 commercial bank sub-list for three years[2]. - The company added 4 million personal customers in 2018, bringing the total to over 600 million[22]. - The number of personal customers reached 607 million, with an increase of 39.67 million, including 13.29 million personal loan customers, up by 1.03 million[86]. - The number of corporate settlement accounts increased to 8.319 million, a growth of 11.1% from the previous year[82]. Financial Performance - The bank's financial report indicates a steady growth trajectory, with a focus on maintaining a robust capital management framework[3]. - The net profit attributable to shareholders for 2018 was RMB 297,676 million, up from RMB 286,049 million in 2017, indicating an increase of about 4.8%[15]. - The total operating income for 2018 reached RMB 773,789 million, compared to RMB 726,502 million in 2017, reflecting a growth of approximately 6.5%[15]. - The net interest income for 2018 was RMB 572,518 million, an increase from RMB 522,078 million in 2017[15]. - The company achieved a net profit of 298.7 billion RMB in 2018, an increase of 3.9% compared to the previous year[20]. - The bank's operating income was CNY 773.79 billion, growing by 6.5%, with net interest income rising by 9.7% to CNY 572.52 billion[29]. Risk Management - The bank's risk management practices are continuously evolving to address emerging challenges in the financial sector[3]. - The bank actively manages various risks including credit risk, market risk, and operational risk, ensuring effective risk management strategies are in place[8]. - The bank's credit risk management features a twelve-level internal classification system for corporate loans to enhance asset quality management[160]. - The bank has strengthened risk management in the real estate sector, focusing on supporting affordable housing projects and controlling commercial real estate loans[161]. - The bank's liquidity management strategy remains prudent, ensuring a solid foundation for liquidity risk management[158]. Strategic Initiatives - The bank's strategy focuses on serving the real economy, enhancing risk management capabilities, and pursuing innovation in retail, asset management, and investment banking[2]. - The bank aims to deepen its internationalization and comprehensive strategies while embracing the internet[2]. - The bank's expansion strategy includes exploring mergers and acquisitions to strengthen its market position[2]. - The bank is committed to developing new financial products and technologies to enhance its service offerings[2]. - The bank's digital inclusive finance initiatives included the development of three major products:经营快贷,网贷通, and线上供应链融资, aimed at providing comprehensive financing services for small and micro enterprises[109]. Asset and Liability Management - The total assets at the end of 2018 amounted to RMB 27,699,540 million, compared to RMB 26,087,043 million in 2017, representing a growth of approximately 6.2%[15]. - The total liabilities at the end of 2018 were RMB 25,354,657 million, compared to RMB 23,945,987 million in 2017, showing an increase of approximately 5.9%[15]. - Customer deposits reached RMB 21,408.93 billion, representing 84.4% of total liabilities, with an increase of RMB 16,235.37 billion, or 8.3% year-over-year[73]. - The bank's equity attributable to shareholders increased to RMB 23,300.01 billion, a growth of RMB 2,025.10 billion, or 9.5% from the previous year[77]. - The bank's total financial bonds held amounted to RMB 113,781.73 billion, with policy bank bonds accounting for RMB 7,747.32 billion, or 56.2%[70]. Loan and Investment Growth - The total customer loans and advances reached RMB 15,419,905 million, an increase from RMB 14,233,448 million in 2017, marking a growth of about 8.3%[15]. - The bank's loans in the Yangtze River Delta region reached RMB 2,823.60 billion, with an NPL ratio of 0.86%[173]. - The total investment in bonds was RMB 6,049.08 billion, with a year-on-year increase of RMB 675.34 billion or 12.6%[64]. - The company issued 1.16 trillion RMB in new loans, with a focus on supporting private and small enterprises[21]. - By the end of 2018, loans to small and micro enterprises totaled CNY 321.685 billion, an increase of CNY 49.203 billion, marking an 18.1% growth[80]. Innovation and Technology - The bank launched innovative deposit products tailored for different customer segments, enhancing customer experience[86]. - The bank's e-commerce platform,融e购, achieved a transaction volume of RMB 1.11 trillion in 2018[104]. - The bank's融e联 platform registered 150 million users by the end of 2018, enhancing user interaction and service capabilities[105]. - The bank completed the intelligent transformation of 15,410 outlets, with 75,756 intelligent devices covering 255 business functions[114]. - The bank's online and offline service integration efforts have significantly improved customer experience and operational efficiency[116]. International Operations - The total international settlement volume reached 2.908 trillion USD, with 1.162 trillion USD processed by foreign institutions[83]. - The bank established 426 institutions in 47 countries and regions, enhancing its global network and service capabilities[119]. - The bank's overseas assets accounted for 9.5% of the total group assets, an increase of 0.5 percentage points[121]. - The pre-tax profit from overseas institutions for 2018 was $4.11 billion, reflecting a growth of $197 million, or 5.0%[121]. - The bank's代理债券交易及结算业务 established partnerships with nearly 200 overseas institutional clients from 39 countries, receiving multiple awards for its settlement services[98].